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Nov 28, 2009 1:00pm EST
as the manufacturing sector. but manufacturing jobs have actually been vanishing in the united states for decades. between 1995 and 2002 alone the number of those jobs declined by 11%. >> but some companies are finding ways to save manufacturing jobs and keep them here in this country even in these tough economic times. >> reporter: for someone who runs a guitar string manufacturing business, jim is also a bit of a tinkerer. over the past two years, he's cut inventories, streamlined factory floor operations, updated technology, and saved jobs at his long island-based company. >> we made a commitment in the '70s we were going to make our products in america, and we're still committed to that. we've never sold one string that we didn't make here in new york. >> reporter: he's one of a growing number of u.s. manufacturers that have adopted the toyota waste reduction strategy popularly known as l.e.a.n. that popular relies on automation. more than half surveyed have implemented l.e.a.n. or plan to do so. he says the replaced workers can be cross trained to do other jobs. >> we do not want to lay peop
Nov 21, 2009 1:00pm EST
after the united states and it recovered before the united states. it's ready to pout pace the u.s. in economic growth, again, this year. what is china doing that we're not that we can do better? let's have this conversation with the chief economist diane swank and anchor of qwest means business on cnn internation. richard, let's start with you. first, let's answer that basic question. things have got to change in order for the world to recover. in the way china does things and the way america does things. are we headed towards that change? >> no, i don't think we are any time soon because what you're talking about is fundamental structural reform and the best that the president came home with is a deeper understanding where these two countries can play out against each other. they both need each other. i think there's a common mistake of fallacy out there that somehow america goes on its hands and knees and china buys the treasury bonds and that's all there is to it. it's much deeper and much more complicated and in many ways much more equal than the critics would have you belie
Search Results 0 to 3 of about 4 (some duplicates have been removed)